Muthu Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 14-12-2024
- Paid Up Capital ₹ 1.00 Cr
as on 14-12-2024
- Company Age 40 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 6.25 Cr
as on 14-12-2024
- Revenue -22.68%
(FY 2021)
- Profit 68.36%
(FY 2021)
- Ebitda 321.49%
(FY 2021)
- Net Worth -38.25%
(FY 2021)
- Total Assets 65.27%
(FY 2021)
About Muthu Spinning Mills
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company has closed loans amounting to ₹6.25 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Samiappan Anand, Veerarakkiam Arvind, Veerarakkian Karuppannan, and One other member serve as directors at the Company.
- CIN/LLPIN
U17111TN1984PTC011333
- Company No.
011333
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Nov 1984
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Karur, Tamil Nadu, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Muthu Spinning Mills?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Samiappan Anand  | Director | 01-Apr-2024 | Current |
| Veerarakkiam Arvind | Director | 01-Apr-2024 | Current |
| Veerarakkian Karuppannan | Director | 01-Apr-2024 | Current |
| Arumugem Samiappan | Director | 01-Apr-2024 | Current |
Financial Performance of Muthu Spinning Mills.
Muthu Spinning Mills Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 22.68% decrease. The company also saw a substantial improvement in profitability, with a 68.36% increase in profit. The company's net worth observed a substantial decline by a decrease of 38.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Muthu Spinning Mills?
In 2020, Muthu Spinning Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
V.K.A. Polymers Private LimitedActive 27 years 2 monthsSamiappan Anand, Veerarakkiam Arvind and 2 more are mutual person
V.K.A Wind Powers Private LimitedActive 1 year 5 monthsSamiappan Anand and Veerarakkiam Arvind are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 10 Mar 2004 | ₹3.00 Cr | Satisfied |
The Karur Vysya Bank Ltd Creation Date: 07 Nov 2000 | ₹1.50 Cr | Satisfied |
The Karur Vysya Bank Ltd Creation Date: 15 Jul 2000 | ₹1.20 Cr | Satisfied |
How Many Employees Work at Muthu Spinning Mills?
Muthu Spinning Mills has a workforce of 36 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Muthu Spinning Mills, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Muthu Spinning Mills's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
